I enjoyed reading Peter Burrows excellent piece for BusinessWeek ("Is Apple Ready for Merger Mania?") this morning and couldn't help but agree. It's well-known that Apple has $23 billion in the bank and it's high time that the company use its warchest to make some strategic acquisitions.

Apple's been rumored to acquire everyone from Adobe to Yahoo! over the years, but they never seem to pull the trigger on the big deal, opting instead for smaller, strategic acquisitions.

Most recently Apple has acquired PA Semi (chips) in October 2008, PlaceBase (maps) in October 2009 and Lala (music streaming) in December 2009.

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